La-Z-Boy is a producer of reclining chairs and a manufacturer/distributor of residential furniture in the United States. Co.'s reportable operating segments include the Wholesale segment and the Retail segment. Co.'s Wholesale segment manufactures and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Co.'s Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to end consumers through these stores. The LZB stock yearly return is shown above.
The yearly return on the LZB stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the LZB annual return calculation with any dividends reinvested as applicable (on ex-dates).
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